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Update: Some offers mentioned below are no longer available. View the current offers here – Citi Prestige Card

Citi recently announced in an email communication that as of January 22, 2017, ThankYou points can no longer be transferred to Virgin America. This comes just a day after the Alaska Airlines and Virgin America merger closed, making this somewhat expected, as the Virgin America Elevate program may be phased out — although that’s still up in the air.

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Currently, you can transfer ThankYou points to Virgin America Elevate at a 2:1 rate, making it not the most valuable use of your points. With the loss of Virgin America Elevate as a transfer partner, the Citi ThankYou program will soon have 14 transfer partners, with JetBlue TrueBlue being the most recent addition. However, Virgin America is still a transfer partner of American Express Membership Rewards (2:1 ratio when transferring MR points) and Starwood Preferred Guest (1:1 ratio).

The good news about this announcement from Citi is that there’s plenty of notice. If you’ve got a surplus of ThankYou points in you’re account that you’ve been eyeing for a transfer to Virgin America, your last opportunity to do so is January 21, 2017. You can transfer your points from ThankYou point-earning credit cards, such as the Citi Prestige, which comes with a sign-up bonus of 40,000 points after you spend $4,000 in purchases in the first three months.

Featured image courtesy of Justin Sullivan via Getty Images.

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Chase Sapphire Preferred® Card

NEW INCREASED OFFER: 60,000 Points

TPG'S BONUS VALUATION*: $1,200

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
Intro APR on Purchases
N/A
Regular APR
18.24% - 25.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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